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ARGX (argenx SE) Cyclically Adjusted PS Ratio : 57.78 (As of May. 25, 2025)


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What is argenx SE Cyclically Adjusted PS Ratio?

As of today (2025-05-25), argenx SE's current share price is $587.61. argenx SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $10.17. argenx SE's Cyclically Adjusted PS Ratio for today is 57.78.

The historical rank and industry rank for argenx SE's Cyclically Adjusted PS Ratio or its related term are showing as below:

ARGX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 53.39   Med: 84.74   Max: 171.16
Current: 55.37

During the past years, argenx SE's highest Cyclically Adjusted PS Ratio was 171.16. The lowest was 53.39. And the median was 84.74.

ARGX's Cyclically Adjusted PS Ratio is ranked worse than
92.99% of 499 companies
in the Biotechnology industry
Industry Median: 5.41 vs ARGX: 55.37

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

argenx SE's adjusted revenue per share data for the three months ended in Mar. 2025 was $12.041. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $10.17 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


argenx SE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for argenx SE's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

argenx SE Cyclically Adjusted PS Ratio Chart

argenx SE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 140.03 76.94 74.70

argenx SE Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 70.63 67.92 70.19 74.70 58.16

Competitive Comparison of argenx SE's Cyclically Adjusted PS Ratio

For the Biotechnology subindustry, argenx SE's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


argenx SE's Cyclically Adjusted PS Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, argenx SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where argenx SE's Cyclically Adjusted PS Ratio falls into.


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argenx SE Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

argenx SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=587.61/10.17
=57.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

argenx SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, argenx SE's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=12.041/133.3300*133.3300
=12.041

Current CPI (Mar. 2025) = 133.3300.

argenx SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.113 99.050 0.152
201503 0.083 99.750 0.111
201506 0.110 100.230 0.146
201509 0.163 100.500 0.216
201512 0.120 99.730 0.160
201603 0.159 100.310 0.211
201606 0.189 100.260 0.251
201609 0.275 100.570 0.365
201612 0.183 100.710 0.242
201703 0.274 101.440 0.360
201706 0.691 101.370 0.909
201709 0.286 102.030 0.374
201712 0.321 101.970 0.420
201803 0.212 102.470 0.276
201806 0.426 103.100 0.551
201809 0.068 103.950 0.087
201812 0.040 103.970 0.051
201903 1.031 105.370 1.305
201906 0.225 105.840 0.283
201909 0.202 106.700 0.252
201912 0.521 106.800 0.650
202006 0.000 107.510 0.000
202012 0.000 107.850 0.000
202103 3.166 108.870 3.877
202106 5.381 109.670 6.542
202109 0.017 110.790 0.020
202112 0.505 114.010 0.591
202203 0.450 119.460 0.502
202206 1.372 119.050 1.537
202209 2.499 126.890 2.626
202212 3.145 124.940 3.356
202303 3.945 124.720 4.217
202306 4.846 125.830 5.135
202309 5.673 127.160 5.948
202312 6.879 126.450 7.253
202403 6.761 128.580 7.011
202406 8.029 129.910 8.240
202409 8.717 131.610 8.831
202412 11.086 131.630 11.229
202503 12.041 133.330 12.041

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


argenx SE  (NAS:ARGX) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


argenx SE Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of argenx SE's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


argenx SE Business Description

Industry
Address
Laarderhoogtweg 25, Amsterdam, NH, NLD, 1101EB
Argenx is a Dutch biopharmaceutical company focused on developing antibody-based therapies for rare autoimmune diseases. The company's lead product, Vyvgart (efgartigimod), was approved by the FDA in December 2021 for the treatment of generalized myasthenia gravis (gMG). In 2022, Argenx also received FDA approval for Vyvgart Hytrulo, a subcutaneous formulation of Vyvgart, offering a more convenient option compared with Vyvgart's intravenous administration. In 2024, the FDA approved Vyvgart Hytrulo for Chronic Inflammatory Demyelinating Polyneuropathy, a rare immune-mediated neuromuscular disorder of the peripheral nervous system. Argenx is focused on innovation and developing its pipeline for treatments such as primary immune thrombocytopenia, thyroid eye disease, and Sjogren's Disease.